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Nov 5, 2012
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most could be considered a sandy effect. the s&p 500 utilities index dropping to its lowest level since early june in the wake of superstorm sandy. >> time for talking numbers, forget obama versus romney. some say it breaks down to bonds versus stocks because the president's policies may be good for bonds and mitt romney's policies would benefit equities. on the technical side, abigail doolittle and miller bookbar. peter, you're one of the smartest guys out there. i love your research. >> i think the bond market rally has run it's course. even if obama wins, i don't see much upside. if romney wins because of the optimism that any growth in the economy that would engender, it would be negative for bonds. for me, the trade is very asymmetrical with very little upside in bonds and a lot more downside if -- either way, depending on who wins. >> even if romney wins, you think there's not a lot of upside for stocks? >> well, for stocks i think we're going to get an emotional knee-jerk bounce november, december. i think 2013 is goi
most could be considered a sandy effect. the s&p 500 utilities index dropping to its lowest level since early june in the wake of superstorm sandy. >> time for talking numbers, forget obama versus romney. some say it breaks down to bonds versus stocks because the president's policies may be good for bonds and mitt romney's policies would benefit equities. on the technical side, abigail doolittle and miller bookbar. peter, you're one of the smartest guys out there. i love your...
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Nov 1, 2012
11/12
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sandy is one of them. the real economy might end up being boostered far more than we initially thought, simply because the federal government is stepping up to get the job done. logan in texas. logan? >> caller: boo-yah, jim. hope all is well. >> it's all right. thank you, logan. thanks for asking. how are you? >> caller: i'm doing great. i think it was about two months i called you and i was asking about the stocks beacon roofing. ticker becn. you said you liked the stock but thought that it could get it at a lower price. since then, the stock has continued to rise and today in particular it had a spike. so i was wondering, do you think it's going to continue to rise or is it going to slump back? >> well, i'm glad that you called me on me, but i liked the stock but didn't tell you to buy it. that was a mistake. you should have been die -- buying it. i like beacon. beacon is a better trade. can it come down? i think it can come down, but this time you gotta buy it and it doesn't have to come down too much
sandy is one of them. the real economy might end up being boostered far more than we initially thought, simply because the federal government is stepping up to get the job done. logan in texas. logan? >> caller: boo-yah, jim. hope all is well. >> it's all right. thank you, logan. thanks for asking. how are you? >> caller: i'm doing great. i think it was about two months i called you and i was asking about the stocks beacon roofing. ticker becn. you said you liked the stock but...
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Nov 5, 2012
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early estimates put sandy among the costliest u.s. catastrophes. forecasting a cost between $10 billion and $20 billion worth of insured losses. the final tally impacted by, among other things, power in the transportation grids. as for the insurance industry with over $500 billion in capital it can pay expected claims. at last year's premium increases and a decline in catastrophe claims bulked up their profile. deutsche bank claims it could trim earnings by 36% but it could also help insurers later giving them cover to raise premiums. back to you. >>> sandynjrelief fund.org. mary pat christie is on the news line with us right now. welcome. good to have you with us. >> thanks, tyler. >> at some risk, i ask how are you and the christie family holding up? your husband and you have both then tireless this last week. gout to be pretty tired these days? >> we're doing pretty well. it's all relative, right, tyler? we don't have power yet but hopeful that we will soon. i'm also hopeful that our children get to go back to school tomorrow. >> we're in the sa
early estimates put sandy among the costliest u.s. catastrophes. forecasting a cost between $10 billion and $20 billion worth of insured losses. the final tally impacted by, among other things, power in the transportation grids. as for the insurance industry with over $500 billion in capital it can pay expected claims. at last year's premium increases and a decline in catastrophe claims bulked up their profile. deutsche bank claims it could trim earnings by 36% but it could also help insurers...
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Nov 1, 2012
11/12
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stocks don't fare sandy. a great day and the dow climbed 136 points. the kudlow report is just moments away. >> all
stocks don't fare sandy. a great day and the dow climbed 136 points. the kudlow report is just moments away. >> all
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Nov 5, 2012
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we also have an update on sandy. millions in new york and new jersey are still without power as a result of superstorm sandy. this is creating problems at the gas pump as residents struggle to keep cars and generators fueled. for the first time in 30 years a gas rationing system is in effect now throughout 12 new jersey counties. we'll get an update on the fuel supply problems in a few minutes from john eichberger, director of motor fuels at the national association of convenience stores. let's get a quick check on the markets, ahead, 24 hours away from the elections here dow jones looks like it would open 34 points lower, s&p 500 off a little over four points and the nasdaq would be off about ten points. let's take a trip overseas to see what's going on in asia, a little bit down marginally except for korea. let's go over to europe, see how things are faring, red arrow across the board. almost down a percent in the cac in france. >>> stifel financial is buying kbw, the deal is valued in ex-et of $575 million which i
we also have an update on sandy. millions in new york and new jersey are still without power as a result of superstorm sandy. this is creating problems at the gas pump as residents struggle to keep cars and generators fueled. for the first time in 30 years a gas rationing system is in effect now throughout 12 new jersey counties. we'll get an update on the fuel supply problems in a few minutes from john eichberger, director of motor fuels at the national association of convenience stores. let's...
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Nov 1, 2012
11/12
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the update from superstorm sandy. they always make us say that. >> i think there's confusion as to call it a hurricane or not. when you have the death toll rising like we've seen. >> you don't want to say things like that but the questions are whether it's a hurricane or not and new york the government is pushing back saying -- >> it was three storms or at least two. >> pushing back on the insurers saying you can't take these hurricane, the deductibles because this was not a hurricane when it hit new york shores. that's a big deal for a lot of home and businesses. >> wow. lot of time there's wind versus flood, they parse the difference. >> wind versus water. >> and some of the hurricane deductibles were 1% to 5% of the value of the home so that's he a big deal and issue. residents in new york city are without power, tensions are starting to run high. residents are struggling to fuel their cars and get to work. scott cohn joins us from lower manhattan. >> reporter: hi, becky. here we are in water street in the financia
the update from superstorm sandy. they always make us say that. >> i think there's confusion as to call it a hurricane or not. when you have the death toll rising like we've seen. >> you don't want to say things like that but the questions are whether it's a hurricane or not and new york the government is pushing back saying -- >> it was three storms or at least two. >> pushing back on the insurers saying you can't take these hurricane, the deductibles because this was...
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Nov 7, 2012
11/12
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. >> governor, how important was hurricane sandy to this whole story? romney had tremendous momentum after all three debates, okay. then comes hurricane sandy. the romney campaign is basically suspended for about five days. you've got president obama looking presidential and getting a bear hug with governor christie of new jersey. how much do you think that hurt the romney operation? >> larry, it froze the race in place for five or six days as you pointed out. the governor canceled several events in virginia as did the president. right thing to do. it did stem that tide of momentum i think a little bit in virginia. and certainly gave the president the chance to dominate a few news cycles to do what they needed to do and fema did a good job. even though most of the efforts state and local governments, president was out there doing the right thing. partisanship goes out the window during natural disasters. it hurt governor romney because he had five days he couldn't do anything. hopefully that won't hurt him in virginia. i still think we win by a couple.
. >> governor, how important was hurricane sandy to this whole story? romney had tremendous momentum after all three debates, okay. then comes hurricane sandy. the romney campaign is basically suspended for about five days. you've got president obama looking presidential and getting a bear hug with governor christie of new jersey. how much do you think that hurt the romney operation? >> larry, it froze the race in place for five or six days as you pointed out. the governor canceled...
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Nov 8, 2012
11/12
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sure, there's noise with sandy. with inventories the way they are, we're off to a good start. >> we have a window today. stacy, thank you. thank you, jan. whether you think retailers are killing the spirit of thanksgiving or not, there's one thing for certain. it's going to cost a whole lot more this year. jane wells sets the table for us. >> first, the good news. after a double-digit jump last year, this year the american farm bureau says the cost of a thanksgiving dinner for ten is up less than 1% to $49.48. a rise of only 28 cents. most items are a little cheaper this year than they were a year ago. stuffing, sweet potatoes, milk, cranberries. the big jump is in the big bird. the average 16-pound turkey will gobble up more than $22. that's up 66 cents. turkey demand is up and prices are higher because it costs more to feed the bird. you recall the midwest drought this summer. the average price it costs the country for this dinner will be a smidge higher than a year ago. $49.48 is the highest ever overall cost for
sure, there's noise with sandy. with inventories the way they are, we're off to a good start. >> we have a window today. stacy, thank you. thank you, jan. whether you think retailers are killing the spirit of thanksgiving or not, there's one thing for certain. it's going to cost a whole lot more this year. jane wells sets the table for us. >> first, the good news. after a double-digit jump last year, this year the american farm bureau says the cost of a thanksgiving dinner for ten...
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Nov 7, 2012
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over the edge in terms of helping the president with his support of the president during hurricane sandy? >> no. chris christie has got a lot of pulls but he could have had a thousand other people pulling with him but there is no way the state was going to go for mitt romney. it wasn't going to happen. >> it was very clear to me that new jersey, new york, and states like ours would stay in the barack obama column. >> thanks so much. >> we will see you soon. >> phil? >> currently i am joined by will i. am with the black eyed peas. why did you come here tonight? >> i wanted to come here, i was here in 2008. being here in 2008, going to the community that i come from to soak up the inspiration and the energy to go back to that ghetto that i come from and rinse it out. o give them some sense responsibility individually to change their lives or family's lives and the community. i'm on the mission to bring the skill set to these kids so they can become tomorrow's leaders. i want you to go college and become tomorrow's entrepreneurs. just pay me back by changing our community. >> real quick. ho
over the edge in terms of helping the president with his support of the president during hurricane sandy? >> no. chris christie has got a lot of pulls but he could have had a thousand other people pulling with him but there is no way the state was going to go for mitt romney. it wasn't going to happen. >> it was very clear to me that new jersey, new york, and states like ours would stay in the barack obama column. >> thanks so much. >> we will see you soon. >>...
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Nov 6, 2012
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>> it has been up in the air because of hurricane sandy. what happens once we know who the president is. that is when the work begins, fiscal cliff, foreign policy and supreme court seats. >> the next federal reserve. >> everyone thinks their vote matters, though, i think this time because it is so close. it is a uniquely -- i felt good my kids went with my wife and were in the curtain and saw everything. scott had to stand on the side where you couldn't get close to the button. >> did you have a -- >> it was a total make shift where i voted. you had to write it down first and then scan. >> if you are in manhattan you don't need a curtain. >> the guy who was helping out said let me see your sheet. i said no. >> you have to bubble in these things like you are doing the s.a.t.s. people can see what you are doing. >> don't need a curtain in new york. obama. >> i saw some obamas. >> thank you. 7:00. you and carl will be getting us through until we know who won. >>> when we come back the election and the fiscal cliff, the chairman and ceo of pmc
>> it has been up in the air because of hurricane sandy. what happens once we know who the president is. that is when the work begins, fiscal cliff, foreign policy and supreme court seats. >> the next federal reserve. >> everyone thinks their vote matters, though, i think this time because it is so close. it is a uniquely -- i felt good my kids went with my wife and were in the curtain and saw everything. scott had to stand on the side where you couldn't get close to the...
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Nov 6, 2012
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and hanover beating forecasts saying it will be able to absorb damage claims from sandy without effecting its annual disaster budget. on the currency markets, aussie dollar 1.0423. rba keeping rates steady. dollar-yen slightly weaker, but still above 80. euro-dollar out of the 1.28 range that we've been trading in. that's where we stand on the european trade. on the day of the u.s. elections, let's get over to singapore. >> asian markets finished on a mixed note. the shanghai composite recouped early losses to close down by 0.4%. developers took a beating after data showed housing prices in the small business hub dropped 16% on on year. but shale gas producers surged on a new subsidy program. concerns over money laundering charges with the hsbc. nikkei finished lower as a stronger yen hurt exporters. nissan lost 2% ahead of earnings after morgan stanley slashed its price target. after the bell, the carmaker cut its full year forecasts as sales tumbled in china. the kospi ended higher by 1%. carmakers staged a rebound after yesterday's plunge. hyundai rallied over 4%. kia gained 1.6%.asx 2
and hanover beating forecasts saying it will be able to absorb damage claims from sandy without effecting its annual disaster budget. on the currency markets, aussie dollar 1.0423. rba keeping rates steady. dollar-yen slightly weaker, but still above 80. euro-dollar out of the 1.28 range that we've been trading in. that's where we stand on the european trade. on the day of the u.s. elections, let's get over to singapore. >> asian markets finished on a mixed note. the shanghai composite...
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Nov 6, 2012
11/12
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so with have the air mattresses because of sandy and we might as well keep them. >> it will very likely be a long night by just about any count. not expect to go have a proce i projected winner by 7:00 p.m. >> you can take part following our coverage on twitter,@cnbc 2012. >> let's get a check on the markets. yesterday you did see the dow close hire by about 19 points. this morning the futures are indicated higher once again. right now dow futures up by about 43 points. s&p 500 futures and nasdaq slightly higher, as well. and it's the same story in europe. we have seen modest gains there through the course of the morning. right now you see that in france, the cac up by about 0.7%. and germany, the dax up by 5.6%. same story with the ftse in london. in asia, the nikkei closed down modestly by about a third of a percentage point. you saw modest declines in honk c congre kong and shanghai. still very long gasoline lines in new jersey and new york where it's very difficult to get any gas at all. you can see right now that wti is up about 49 cents to $86.14. the ten year, interesting to watc
so with have the air mattresses because of sandy and we might as well keep them. >> it will very likely be a long night by just about any count. not expect to go have a proce i projected winner by 7:00 p.m. >> you can take part following our coverage on twitter,@cnbc 2012. >> let's get a check on the markets. yesterday you did see the dow close hire by about 19 points. this morning the futures are indicated higher once again. right now dow futures up by about 43 points....
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Nov 21, 2012
11/12
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this is the carryover effect from superstorm sandy. so many cars were damaged, destroyed during the storm. as a result, rental cars have been tight for some time in the northeastern united states. and that's the case this weekend. a lot of people, believe it or not, guys, they do like to rent a car in order to make the trip of 300 or 400 miles. this year in the northeast, good luck if you don't already have a reservation. carl, back to you. >> phil, the airport where you are looks pretty crowded but orderly. there's one silver lining for people who are traveling and that is, perhaps, airlines are actually running closer to on on time these days. >> reporter: yes. that's because you've seen restricted capacity. fewer flights, it's not as packed and as a result it's easier to keep with the on-time schedule. >> unbelievable, phil. thanks so much. phil at o'hare. i saw a stat today, since '07 i think airlines have taken out 14% of their capacity. >> wow. >> they're running lean and mean. in terms of getting a flight over the holidays, it's
this is the carryover effect from superstorm sandy. so many cars were damaged, destroyed during the storm. as a result, rental cars have been tight for some time in the northeastern united states. and that's the case this weekend. a lot of people, believe it or not, guys, they do like to rent a car in order to make the trip of 300 or 400 miles. this year in the northeast, good luck if you don't already have a reservation. carl, back to you. >> phil, the airport where you are looks pretty...
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Nov 6, 2012
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. >>> meantime, superstorm sandy may have devastated new york city, but turnout is heavy in queens, new york, as voters cast their ballots in makeshift polling locations. been like that in many parts of the tri-state area today. we're back in a moment. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like
. >>> meantime, superstorm sandy may have devastated new york city, but turnout is heavy in queens, new york, as voters cast their ballots in makeshift polling locations. been like that in many parts of the tri-state area today. we're back in a moment. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global...
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Nov 28, 2012
11/12
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sandy caused an estimated $71 billion in damage in new york and new jersey. in the bakers union at hostess brands is asking a bankruptcy judge to appoint a trustee to oversee the company's liquidation. the union's objecting to allowing current management to be in charge of the wind down. liquidating after being unable to resolve an issue. >>> and power ball fever spreading across the u.s. go out and get the ticket. the jackpot for tonight's drawing is up to a record $500 million. and that payout is likely to grow thanks to a ticket-buying frenzy of which i may be apart of when the show is over. >> i have mine already. got them yesterday. >>> president obama's meeting with high-profile chief executive officers to talk about the country's fiscal issues. john harwood in washington with more. and john, certainly seems like the pressure is rising to maybe reach some sort of a deal. my question, the ceos headed there today, are they firmly in the president's camp on this? or trying to push both sides to reach some agreement? >> i think they're trying to push both s
sandy caused an estimated $71 billion in damage in new york and new jersey. in the bakers union at hostess brands is asking a bankruptcy judge to appoint a trustee to oversee the company's liquidation. the union's objecting to allowing current management to be in charge of the wind down. liquidating after being unable to resolve an issue. >>> and power ball fever spreading across the u.s. go out and get the ticket. the jackpot for tonight's drawing is up to a record $500 million. and...
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Nov 23, 2012
11/12
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however, not entirely surprising with what we've just gone through with sandy and the upcoming winter. home depot shares trading at 12-year highs. lowe's at 5-year highs. google says when it comes to shopping related searches, jcpenney christmas is coming in number one, followed by walmart black friday card and home depro black friday hours. interesting data points coming in from all around the country, online, in store, you name it, we've got it for you. >> very good. courtney reagan, back home in the heartland. say hi to your family for me there. >>> could this end up being a make or break holiday shopping season for best buy? jane wells is at one in california with details on that. jane? >> reporter: hey, bill. the manager here at this best buy won't give us specific numbers but he says sales so far after 10 1/2 hours are "on track." part of best buy's restructuring is something called the renew blue initiative which citigroup says they're trying to emphasize customer experience, improve it in the stores, something they've struggled with. they've reilly tried to pump up employees t
however, not entirely surprising with what we've just gone through with sandy and the upcoming winter. home depot shares trading at 12-year highs. lowe's at 5-year highs. google says when it comes to shopping related searches, jcpenney christmas is coming in number one, followed by walmart black friday card and home depro black friday hours. interesting data points coming in from all around the country, online, in store, you name it, we've got it for you. >> very good. courtney reagan,...
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Nov 9, 2012
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one more sign of sandy's impact. new york governor andrew cuomo estimates the damage in his state, alone, at $33 billion. cuomo assailed the power companies. he called for a ground-up redesign of the power and fuel supply systems. but i think what he ought to do is open the door to some deregulation and free market competition. this especially for the power companies. let the marketplace work, governor cuomo. you'd have better results during emergencies or nonemergencies. >>> anyway, coming up here, president obama wasn't the only big winner on tuesday night. the polling industry kind of nailed it. top pollster ed gullas is up next. ♪ [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning,
one more sign of sandy's impact. new york governor andrew cuomo estimates the damage in his state, alone, at $33 billion. cuomo assailed the power companies. he called for a ground-up redesign of the power and fuel supply systems. but i think what he ought to do is open the door to some deregulation and free market competition. this especially for the power companies. let the marketplace work, governor cuomo. you'd have better results during emergencies or nonemergencies. >>> anyway,...
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Nov 20, 2012
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economists are expecting a 4.2% drop and a report likely impacted by superstorm sandy. fed chairman ben bernanke is talking about the economic recovery today, we hope so. he'll have our lunch time address the economic club of new york and that starts at 12:45 eastern. >> harold ford jr., reasonable and good friend, joe watkins, white house aide to former president george h.w. bush. >> you didn't say he's reasonable. >> joe is right, but harold has potential. >> joe and i have known each other for almost 20 years, go back to university of pennsylvania, but joe and i have been friends for a long time. >> you'with you we'll talk fisc cliff in a second but you want to do a postmortem? >> you can't win without women, and can't win without latinos, you can't win without young people. you can't win on a single issue, and i just think there were a host of challenges. for me, the whole time, the sense that i had was that it was obama's race to lose, that he had the advantage. anybody look at the electoral college would have to say there were seven or eight easy ways for the pres
economists are expecting a 4.2% drop and a report likely impacted by superstorm sandy. fed chairman ben bernanke is talking about the economic recovery today, we hope so. he'll have our lunch time address the economic club of new york and that starts at 12:45 eastern. >> harold ford jr., reasonable and good friend, joe watkins, white house aide to former president george h.w. bush. >> you didn't say he's reasonable. >> joe is right, but harold has potential. >> joe and i...
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Nov 26, 2012
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manufacturer overruns, chanc chan canceled orders, and the merchandise in the stores for hurricane sandy that didn't sell, that left retailers with much too much inventory in the northeast and it's dated inventory. third, ross stores is a big beneficiary from the collapse. yes, i do not use that word lightly, from jcpenney. it is now taking a huge share from the disorganized dysfunctional penney to the point management called this out on the conference call. the other guys have been reluctant to do that. speaking of the conference call, company -- now that we're entering gift giving season, as a quarter of ross' merchandise is oriented arounded home and recovery means they're selling a lot more furniture. ross stores is a shareholder friendly company. they have a small dividend, okay? one that yields just 1%. the company's consistently increased that dividend. every year for the last 18 years. most recently, 27% boost back in january. beyond that, ross has brought back a huge amount of stocks since 2005. i was astonished to see they've retired 25% of the shares outstanding over the last
manufacturer overruns, chanc chan canceled orders, and the merchandise in the stores for hurricane sandy that didn't sell, that left retailers with much too much inventory in the northeast and it's dated inventory. third, ross stores is a big beneficiary from the collapse. yes, i do not use that word lightly, from jcpenney. it is now taking a huge share from the disorganized dysfunctional penney to the point management called this out on the conference call. the other guys have been reluctant...
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Nov 7, 2012
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part of it certainly europe i think part of it is concern about hurricane sandy, that that will do to interpretation of upcoming economic momentum and reports. so it is a combo package. but i think before too long, i think this is more a reaction to the headline this morning and i really think within a few days we're going to be back focusing on momentum in the economy of the united states which by and large has been pretty good, on the fact that there's growing evidence that china is starting to reemerge and may emerge and the world is starting to bounce. europe, despite the concerns today, is still much calmer in recent weeks than it's been for a long time. that krtrio package is what's ultimately going to drive the market, i think. i think people looking at that are going to want to come back into this market so i would be a buyer on this knee-jerk reaction. >> what would you be buying? which sector specifically, jim? >> i like the emerging markets. i think that's the big story for next year, emerging world bounces, emerging markets lead. in this country i'd buy manufacturing stock
part of it certainly europe i think part of it is concern about hurricane sandy, that that will do to interpretation of upcoming economic momentum and reports. so it is a combo package. but i think before too long, i think this is more a reaction to the headline this morning and i really think within a few days we're going to be back focusing on momentum in the economy of the united states which by and large has been pretty good, on the fact that there's growing evidence that china is starting...
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Nov 6, 2012
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a lot of people and a lot of the polling data, to the extent we care, sandy stopped mitt romney's momentum. momny was really on a high trajectory, now all of a sudden the race has changed and the polls are completely even. in your judgment, ann, how does romney get out of that box? he lost his mo, how does he get out of that box and win tomorrow night? >> i don't think he has lost his momentum. i think polls basically show the candidates tied in the swing states. except florida and north carolina, where romney -- i don't think they're even considered swing states anymore. even by the left. but of the remaining swing states, it's gone a little bit this way, a little bit that way, i wouldn't read too much into it considering the polls aren't going to be correct. the polls as ron johnson just said -- by the way, i spent the weekend in wisconsin, i did five different events, and they are very excited in the suburbs of milwaukee. i have romney winning at an absolute minimum 273 electoral votes. i don't usually do this because i'm confident romney's going to win because the country's really goin
a lot of people and a lot of the polling data, to the extent we care, sandy stopped mitt romney's momentum. momny was really on a high trajectory, now all of a sudden the race has changed and the polls are completely even. in your judgment, ann, how does romney get out of that box? he lost his mo, how does he get out of that box and win tomorrow night? >> i don't think he has lost his momentum. i think polls basically show the candidates tied in the swing states. except florida and north...
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the only thing i'm seeing is maybe sandy gives a little boost. everybody is still in that 1% to 1.5% range. maybe the market get excited on revision of third quarter but i suggest it shouldn't if fourth quarter will be a 1.5% economy. >> i tell you what, if we get a 2.8 revision, i would venture to say you'll see at least a 7 to 10 basis point move in a ten-year note yield. whether it lasts or not is a big deal. it's worth 7 to 10 basis points if you -- >> jim, chime into this. we know this revision is coming because we've had the other reports that have told us the missing pieces we had from third quarter as it was printed. it should not be a surprise to the market. as we all know, sometimes the market doesn't know what it should know and it gets excited about things it ought to have known. >> the thing that struck me in the conversation is to me when you think of 2.8% gdp, that sounds so fantastic considering what we're used to. realistically, it's sluggish. whether 2.8 or 2.2, we expect the fed to be involved because they told us they need bet
the only thing i'm seeing is maybe sandy gives a little boost. everybody is still in that 1% to 1.5% range. maybe the market get excited on revision of third quarter but i suggest it shouldn't if fourth quarter will be a 1.5% economy. >> i tell you what, if we get a 2.8 revision, i would venture to say you'll see at least a 7 to 10 basis point move in a ten-year note yield. whether it lasts or not is a big deal. it's worth 7 to 10 basis points if you -- >> jim, chime into this. we...
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that was before sandy. >> we don't need to build high-speed rail. >> i understand. >> really? we don't need to have solar energy next year powering all our cars. >> wait a second. i think there's a clean energy agenda over the longer term. but near term, if we're going -- >> it's not about jobs. >> i was with peter, we were in tokyo for the world bank meetings. peter has this great story. and it is about spending now and taking care -- >> this is the larry summers idea. >> jim liked it, too. >> it's not going to happen. >> it's not going to happen. you guys are really bumming me out. >> it's just not. >> i've even let you build a few things. >> the president only won this thing a few hours ago. >> we're going to have net fiscal contraction starting in 2013. that is where we are. >> net fiscal contraction. >> you're with bush in four years? i don't know. let me think about that. >> i'm a bush republican. as long as there's a bush republican running. >> i already threw christie out there. require want to get on the record, on the table, that i disagree with the idea that there c
that was before sandy. >> we don't need to build high-speed rail. >> i understand. >> really? we don't need to have solar energy next year powering all our cars. >> wait a second. i think there's a clean energy agenda over the longer term. but near term, if we're going -- >> it's not about jobs. >> i was with peter, we were in tokyo for the world bank meetings. peter has this great story. and it is about spending now and taking care -- >> this is the...
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distunks of the highest average price $4.18 a gallon, in large part because of the impact of superstorm sandy and if you could get gas there you'd be willing to pay much nor it. >>> the fifth and final "twilight" movie had $141 million in north american ticket sales its debut weekend wasn't the biggest in the series but it was the eighth largest domestic opening on record. joe? >>> we are talking this morning about what washington can do to avoid going over the fiscal cliff, and we're joined once again by our guest host jeremy siegel, finance professor at the wharton school in pennsylvania and jeremy, you're not a new normal guy. you think 3% to 4% is, we deserve that? don't you into ed to earn that somehow? you need to earn success. you think it just happens in this country? >> we grew in the '90s 3% to 4% and most of the post-war period. 3% to 4% from this high unemployment would be disappointing. normally we'd bounce back from recessions growing 5% to 6%. >> it doesn't matter who is in the white house or what policies they're pursuing. >> i think it matters but i don't think it's the overw
distunks of the highest average price $4.18 a gallon, in large part because of the impact of superstorm sandy and if you could get gas there you'd be willing to pay much nor it. >>> the fifth and final "twilight" movie had $141 million in north american ticket sales its debut weekend wasn't the biggest in the series but it was the eighth largest domestic opening on record. joe? >>> we are talking this morning about what washington can do to avoid going over the...
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thank you. >> all right, thousands lost everything in superstorm sandy. it is a situation that is hard for the rest of us to even imagine. we've seen the physical impactmeimpact. up next, we're going to talk about what the survivors may be deal with, psychologically. >> we lost our house, our pool, and god only knows what else. >> unbelievable, like a war zone. >> i'm not exactly sure where to go from here besides calling the insurance company. >> that is the first step, then comes calculating the loss and cashing the check. in sandy's wake, tens of thousands of homeowners are now asking if a tree falls in a hurricane who pays? >> if the tree hits your house, you call your insurance company, and file a claim. you're going to be covered for the damage that that tree does to your house, for anything that is in the house, and for the cost of removing that tree. >> jean salvatore of the insurance institution. >> wind is one of those standard disasters that is covered. >> reporter: with sandy's wind came water. >> most people buy flood insurance from the natio
thank you. >> all right, thousands lost everything in superstorm sandy. it is a situation that is hard for the rest of us to even imagine. we've seen the physical impactmeimpact. up next, we're going to talk about what the survivors may be deal with, psychologically. >> we lost our house, our pool, and god only knows what else. >> unbelievable, like a war zone. >> i'm not exactly sure where to go from here besides calling the insurance company. >> that is the first...
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thanks. >>> sandy's storm surge was horrific but are human really to blame here and more sandies to come? the climate change debate up next. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or,
thanks. >>> sandy's storm surge was horrific but are human really to blame here and more sandies to come? the climate change debate up next. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. who...
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sandy is ongoing. the winds of sandy are still blowing in many ways. and almost every moment, there is a new reminder of why. we just got this video of a fire crew out on long island the night that sandy hit, surrounded by water, battered by wind and facing a wall of flames. take a look. >> what about the downed wires? >> watch the wires over your head. >> here comes the wind. >> the block is pitch black. >> imagine that, fighting fire in the midst of all that water. the fire is out. the homes destroyed. power is out to more than 635,000 long island customers. for those 635,000 people, it is still a disaster. still a disaster as well for hundreds of thousands in new york's west chester county who might not see power for another nine days. in lower manhattan, they're at what could be billions of dollars in damage. andrew cuomo took me for a rare look at inside. >> when you saw the water coming in monday night, what went through your mind? >> it was one of the most frightening things. i mean, it was truly frightening, to say the least. all you hear is wa
sandy is ongoing. the winds of sandy are still blowing in many ways. and almost every moment, there is a new reminder of why. we just got this video of a fire crew out on long island the night that sandy hit, surrounded by water, battered by wind and facing a wall of flames. take a look. >> what about the downed wires? >> watch the wires over your head. >> here comes the wind. >> the block is pitch black. >> imagine that, fighting fire in the midst of all that...
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. >>> the power is coming back and the gas is on the way, but some of sandy's victims are saying they're being ignored, and plunging temperatures are creating panic. >>> we talk about women as a social issue. excuse me, you know? half the population are not a social issue. >> she says it's dangerous war on u.s. soil and it could be decided by tuesday's election. my exclusive interview with feminist icon gloria staten isla island joochlt it is sunday, november 4th. good morning, everyone. i'm randi kaye. so glad you're with us. we start this morning with the presidential election just two days away. president obama and mitt romney seem to be squeezing every last frequent flyer mile out of this campaign. they've got a combined 16 stops in eight states before heading home, and we'll be there for all of it. our correspondents are spread across the states to bring you all the up-to-date developments, so be sure to keep it right here. the flurry of activity means it's a close race, right? you could say that? take a look here. it shows likely voters evenly split, 48% to 48%. here's what voters
. >>> the power is coming back and the gas is on the way, but some of sandy's victims are saying they're being ignored, and plunging temperatures are creating panic. >>> we talk about women as a social issue. excuse me, you know? half the population are not a social issue. >> she says it's dangerous war on u.s. soil and it could be decided by tuesday's election. my exclusive interview with feminist icon gloria staten isla island joochlt it is sunday, november 4th. good...
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plus, images of sandy's wrath continue to pour in. these boats wound up far where they're supposed to be, in someone's front yard. details on that. >>> sandy will cost billions to clean up across a number of states, but new york city alone has an astronomical bill. we'll break down the numbers and what you can expect to pay and be reimbursed from insurance. "starting point" back after this. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. anncr: every president inherits few have faced so many. four years later... our enemies have been brought to justice. our heroes are coming home. assembly lines are humming again. there are still challenges to meet. children to educate. a middle class to rebuild. but the last thing we should do is turn back now. president obama: i'm barack obama and... i approve this message. stay top of mind with custom
plus, images of sandy's wrath continue to pour in. these boats wound up far where they're supposed to be, in someone's front yard. details on that. >>> sandy will cost billions to clean up across a number of states, but new york city alone has an astronomical bill. we'll break down the numbers and what you can expect to pay and be reimbursed from insurance. "starting point" back after this. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and...
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they're helping people after sandy? >> it's always great to see the new yorkers stepping up and helping out the city. lady gaga just announced on twitter she is donating a million dollars to the red cross to help victims of sandy. gaga grew up in new york of course and says this time r town and her time on the lower east side, harlem, bronx, brooklyn, made her the woman and the artist she is today. she's making a donation on behalf of her entire family. and new yorker jerry seinfeld stepping up. donating all of his income from his upcoming scheduled shows in brooklyn and on statin island to the relief efforts and added a show that's going to happen on december 19th on long island. proceeds from that show will be going to local organizations helping people here in new york. love the sein, carol. >> me, too. a.j. hammer, thanks so much. >>> look carefully at this next image. see it there? appears to be a wrecked car. but in this case, looks can be deceiving. [ forsythe ] we don't just come up here for the view up in alask
they're helping people after sandy? >> it's always great to see the new yorkers stepping up and helping out the city. lady gaga just announced on twitter she is donating a million dollars to the red cross to help victims of sandy. gaga grew up in new york of course and says this time r town and her time on the lower east side, harlem, bronx, brooklyn, made her the woman and the artist she is today. she's making a donation on behalf of her entire family. and new yorker jerry seinfeld...
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superstorm sandy has crippled that system. there is catastrophic damage to underground tracks and equipment. the mta says it is too early to tell whether full service will return and be fixed. millions of commuters use the system every day. commuters relied on buses, cars and cabs if you were lucky enough to find them. there was gridlock as bad as we have ever seen. look at a live shot of columbus circle south of central park on the west side. central park still remained closed. it has been like this all day. one of the reasons is that crane is still dangling over 57th street and that is creating the massive traffic jam around the circle. jason joins me from the queensboro bridge. i talked to you earlier today and most people have given up trying to get a vehicle they were walking. >> oh, yeah, it has been a frustrating day for thousands of commuters making their way across the bridge. you can look through the traffic people still making their way at this hour even at 8:00. it is the only way for a lot of these people to get h
superstorm sandy has crippled that system. there is catastrophic damage to underground tracks and equipment. the mta says it is too early to tell whether full service will return and be fixed. millions of commuters use the system every day. commuters relied on buses, cars and cabs if you were lucky enough to find them. there was gridlock as bad as we have ever seen. look at a live shot of columbus circle south of central park on the west side. central park still remained closed. it has been...
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. >>> people who were made homeless by superstorm sandy are finding some relief courtesy of fema. fema has set up a temporary shelter camp in new jersey that looks like a massive tent city. it houses more than 200 people affected by the storm, as well as thousands of utility workers and first responders. thousands of them. but fema officials say sandy evacuees will be moved into better housing this week. >>> number five now, the ceo of the popular southern restaurant chain waffle house has been accused of sexual improprieties by his former assistant. she is accusing him of "performing sexual services including inappropriate touching and appearing naked in front of her for the nine years she worked for him. rogers has not responded to the claims. >>> voters in two states, washington state and colorado, voted to legalize marijuana for recreational use. we're not talking about medicine, but simply to get high for fun. check out some of the reaction in colorado this week. >> i am feeling amazing. this is the best day i've seen in my life. >> obviously, it's always nice to be right. so
. >>> people who were made homeless by superstorm sandy are finding some relief courtesy of fema. fema has set up a temporary shelter camp in new jersey that looks like a massive tent city. it houses more than 200 people affected by the storm, as well as thousands of utility workers and first responders. thousands of them. but fema officials say sandy evacuees will be moved into better housing this week. >>> number five now, the ceo of the popular southern restaurant chain...
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now to the latest on superstorm sandy. there are reports that at least 22 million gallons of gas are headed to the northeast to relieve in the shortages. gas rationing got under way in new jersey in 12 counties in an effort to cut down on wait times. people there had been waiting in miles along lines for hours to gas up their cars and get fuel for their generators. >>> all right. some voters in new jersey will face a pretty big election day challenge because of superstorm sandy. five days after the storm polling station managers are working to make sure the voting goes as smoothly as it possibly can. joining me right now explain what they're doing is dennis kovitz, president of the new jersey association of election officials. good to see you. >> hi. thanks for having us here. >> okay. this is a huge undertaking. a colossal challenge. how do you even go about it? it would seem that so many people in new jersey are so inundated with personal problems and worries, the last thing they're thinking about is election day. so how
now to the latest on superstorm sandy. there are reports that at least 22 million gallons of gas are headed to the northeast to relieve in the shortages. gas rationing got under way in new jersey in 12 counties in an effort to cut down on wait times. people there had been waiting in miles along lines for hours to gas up their cars and get fuel for their generators. >>> all right. some voters in new jersey will face a pretty big election day challenge because of superstorm sandy. five...
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the new york marathon cancelled because of sandy. but my next guess is she's still going to run in memory of her mother, when we come back. [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy with step-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. to bring you a low-priced medicare prescription drug plan. ♪ with a low national plan premium... ♪ ...and copays as low as one dollar... ♪ ...saving on your medicare prescriptions is easy. ♪ so you're free to f
the new york marathon cancelled because of sandy. but my next guess is she's still going to run in memory of her mother, when we come back. [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy with step-by-step help when completing your personalized document -- or you can even...
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meanwhile, millions are suffering in the wake of superstorm sandy. power is beginning to trickle back on, but more than 2 million customers are still in the dark. new york transit authorities are reporting that subway service is 80% restored. one area still waiting for the lights and the heat to come back, the rockaways section of queens. new york city mayor michael bloomberg toured the heavy devastation there today. susan candiotti is on the ground. >> reporter: the water came up to where in your apartment? >> the water came all the way up to where we were. we were knee deep. we couldn't get out. 911 wouldn't answer. we were stuck. we had to stay there. we were totally scared. and the devastation after the storm is what you see. there's children with no food. there are people without water. nobody has power. people can't cook. and nobody is -- the only people that are out here are people from rockaway that are donating stuff. and rockaway park, just like everyone else, needs help. >> you feel like you've been left out? >> i feel like we need help ou
meanwhile, millions are suffering in the wake of superstorm sandy. power is beginning to trickle back on, but more than 2 million customers are still in the dark. new york transit authorities are reporting that subway service is 80% restored. one area still waiting for the lights and the heat to come back, the rockaways section of queens. new york city mayor michael bloomberg toured the heavy devastation there today. susan candiotti is on the ground. >> reporter: the water came up to...
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is it too soon to be campaigning after superstorm sandy? you can click yes, they should focus on helping storm victims, or, no, the election is just a few days away. we're going to share your responses later in the hour. >>> superstorm sandy's impact on politics just a small hiccup compared to the tragedy that many people are now trying to overcome. >> it's rough. emotionally it's devastating. >> i'm going -- >> we'll take a look at all the damage. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for t
is it too soon to be campaigning after superstorm sandy? you can click yes, they should focus on helping storm victims, or, no, the election is just a few days away. we're going to share your responses later in the hour. >>> superstorm sandy's impact on politics just a small hiccup compared to the tragedy that many people are now trying to overcome. >> it's rough. emotionally it's devastating. >> i'm going -- >> we'll take a look at all the damage. i'm a conservative...
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people are helping victims of sandy in near record numbers. officials from the american red cross say this is the biggest outpouring of donations for any u.s. disaster in the last six years. that's this week's getting down to business. >>> it is time, now, for no talking points. the art of the political dodge, seems all politicians are skilled at it. with debate coaches, aides, analysts, speech writers, they should be. dodging that troubling question can be just as important as providing that game-changing, momentum-building moment. for example. there's a topic change. >> texas has one of the highest rates of uninsured children in the country. over 1 million kids, you did not get an opportunity to respond to that. what do you say to -- how do you explain that? >> you can't have access to some of the finest health care in the world. but we have a 1,200-mile border with mexico, and we have a huge number of illegals coming into this country. and they're coming into this country because the federal government has failed to secure that border. >> t
people are helping victims of sandy in near record numbers. officials from the american red cross say this is the biggest outpouring of donations for any u.s. disaster in the last six years. that's this week's getting down to business. >>> it is time, now, for no talking points. the art of the political dodge, seems all politicians are skilled at it. with debate coaches, aides, analysts, speech writers, they should be. dodging that troubling question can be just as important as...
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now i want to talk about the long lines in sandy's wake for gas. this is a huge financial story in the northeast. you have these lines still very long and despite all of the assurances of many, many politicians over the past few days this would be cleared up in a couple days, a few days, it has not been. the lines are still very long for gas. and patience is very short. you have police resources, law enforcement resources being diverted to keep order in these lines. and you have people very upset that because of power outage tez pumps, the pumps can't operate and disruptions from actual deliveries of oil. here's what's so interesting, sole dad, soledad. we have plenty of gasoline. it is in huge facilities below the ground. we just can't get to it. a couple things they're doing in new jersey. they have a system linking your license plate number to the day can you get gas. still lines are two, three, four hours long for gas. and the federal government is going to bring in 12 million gallons of unleaded gas to hard hit areas still trying to really --
now i want to talk about the long lines in sandy's wake for gas. this is a huge financial story in the northeast. you have these lines still very long and despite all of the assurances of many, many politicians over the past few days this would be cleared up in a couple days, a few days, it has not been. the lines are still very long for gas. and patience is very short. you have police resources, law enforcement resources being diverted to keep order in these lines. and you have people very...
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this will be the first time the schools have opened since sandy hit last week. about 80 schools will remain closed due to severe storm damage. those schools will be moved to temporary locations. and the conditions for those without power in storm zones could be getting worse over the next few days. the temperature is expected to drop below freezing tonight and tomorrow morning. many residents without power are staying in shelters, trying to stay warm. the red cross is moving 80,000 blankets into the region ahead of colder weather. >>> back to politics now, mitt romney and paul ryan are expected to speak at separate events in just a few minutes. we'll bring those to you as they happen. urn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> it's the top of the hour here in the cnn newsroom. i'm fredericka whitfield. two days before the election, a mara
this will be the first time the schools have opened since sandy hit last week. about 80 schools will remain closed due to severe storm damage. those schools will be moved to temporary locations. and the conditions for those without power in storm zones could be getting worse over the next few days. the temperature is expected to drop below freezing tonight and tomorrow morning. many residents without power are staying in shelters, trying to stay warm. the red cross is moving 80,000 blankets...
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focusing on sandy. the destruction. the other two, they really just zero on the 2012 election coverage. you have to look closely to notice the difference here. both of them, the diagrams. one has obama on the top here. the other had romney's red circle on the top. two views, one election. want to bring in the white house correspondent of "time" michael sharer and joining us from washington. welcome back. >> thank you, brooke. >> we've just learned here that the candidates and subject to change making the final stops on monday before the election, president in iowa, mitt romney in new hampshire. do you see the stops as significant here, in terms of, you know, popular or electoral significance or merely symbolic? >> well, no. all stops matter at this point in the campaign. what's notable is the same states they keep going back to time and time again. it's an incredibly narrow number of states given historical precedence. you go back to 1960s. a majority of states would be swing states in the country, majority of states wo
focusing on sandy. the destruction. the other two, they really just zero on the 2012 election coverage. you have to look closely to notice the difference here. both of them, the diagrams. one has obama on the top here. the other had romney's red circle on the top. two views, one election. want to bring in the white house correspondent of "time" michael sharer and joining us from washington. welcome back. >> thank you, brooke. >> we've just learned here that the candidates...
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. >>> it's been almost two weeks since superstorm sandy hit and life is slowly getting back to normal for people in the northeast. far too slowly. millions of people lost power during the storm and about 160,000 more lost power because of the powerful nor'easter that hit this week. new jersey governor chris christie expects a big turn-around this weekend. >> life will be back for most of new jersey to normal come sunday. what do i mean by that? let's start off with power. we back tracked slightly in our efforts to restore power due to the nor'easter but after talking with the utilities last night and again this morning, my belief is that we will have almost 100% restoration by saturday night. >> but officials say people who have flood damage need to have an inspection before their power can be restored. >>> now to new york where on long island alone more than 150,000 people are still in the dark this morning. >> and people are getting desperate, impatient and furious because of flood damage. some people may not see power for days or possibly even weeks. listen to this. >> i can't get
. >>> it's been almost two weeks since superstorm sandy hit and life is slowly getting back to normal for people in the northeast. far too slowly. millions of people lost power during the storm and about 160,000 more lost power because of the powerful nor'easter that hit this week. new jersey governor chris christie expects a big turn-around this weekend. >> life will be back for most of new jersey to normal come sunday. what do i mean by that? let's start off with power. we back...
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one man's quest to restore his community after sandy's devastation. >>> good morning. i'm randi kaye. it is 8:00 on the east coast, 5:00 a.m. in los angeles. thanks for starting your morning with us. >>> well, it is the final stretch, quite literally. already just two days now left medical election day. millions of you have already voted, but the candidates are doing everything they can over these precious last couple of days to reach the rest of you. trying to get the voters energized and excited about the prospects for the next four years. we have our correspondents spread out throughout the battleground states to bring you the latest on the election and the final push. we start in new hampshire. that's where president obama is making his first campaign stop in just a couple of hours before heading to florida, ohio, and colorado. joining him on the trail again today is former president bill clinton. our white house correspondent dan lothian is live in new hampshire this morning. dan, good morning. so tell me, what is the message from the president in these closing da
one man's quest to restore his community after sandy's devastation. >>> good morning. i'm randi kaye. it is 8:00 on the east coast, 5:00 a.m. in los angeles. thanks for starting your morning with us. >>> well, it is the final stretch, quite literally. already just two days now left medical election day. millions of you have already voted, but the candidates are doing everything they can over these precious last couple of days to reach the rest of you. trying to get the voters...
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sandy was not classified as a hurricane when it hit. this allows governors to declare that homeowners are exempt from the insurance deductible saving as much as 5% of the homes values. it's not so great for businesses. businesses that help companies that lose revenue because of an unexpected shutdown, but it doesn't cover businesses that just lose power. the donation for relief efforts is rolling in. people are helping victims of sandy in near record numbers. that's this week's getting down to business. >>> it is time now for no talking points. the art of the political dodge, seems all politicians are skilled at it. with debate coaches, aids, analysts, speech writers, they should be. dodging that troubling question can be just as important as providing that game changing momentum building moment. for example. there's a topic change. >> texas has one of the highest rates of uninsured children in the country. over 1 million kids, you did not get an opportunity to respond to that. what do you say to -- how do you explain that? >> you can't
sandy was not classified as a hurricane when it hit. this allows governors to declare that homeowners are exempt from the insurance deductible saving as much as 5% of the homes values. it's not so great for businesses. businesses that help companies that lose revenue because of an unexpected shutdown, but it doesn't cover businesses that just lose power. the donation for relief efforts is rolling in. people are helping victims of sandy in near record numbers. that's this week's getting down to...
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now the political fallout from superstorm sandy. some polls sites in new york city are being relocated or combined because of all the storm damage. and voters in some counties may get an extra day to cast their ballots if turnout is too low. alina cho is at a high school in brooklyn that is doubling as a shelter for all of the sandy evacuees. tomorrow it will also be a voting site, we understand. alina, how are the preparations going there? >> reporter: well, i think we'll have to wait and see until election day tomorrow, zoraida. good morning. we are at brooklyn tech high school. you're absolutely right. right now it is an emergency shelter. housing those with special medical needs. and tomorrow it will become a polling station. and in that way, it is unique. it is the only school in new york city that will be both an emergency shelter and a polling station. now, across the city on election day, some 60 polling sites will either have to be combined or relocated due to damage from hurricane sandy. and in a move that could be unprece
now the political fallout from superstorm sandy. some polls sites in new york city are being relocated or combined because of all the storm damage. and voters in some counties may get an extra day to cast their ballots if turnout is too low. alina cho is at a high school in brooklyn that is doubling as a shelter for all of the sandy evacuees. tomorrow it will also be a voting site, we understand. alina, how are the preparations going there? >> reporter: well, i think we'll have to wait...
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sandy in seconds. incredible. time-lapsed video from across the east river shows hurricane sandy slamming into manhattan. this takes two days and compresses it down into two minutes and shows the second the lights go out in lower manhattan and shows everything. really amazing. logon to our web side. go on to cnn.com/trends for all those top cnn trend. >> "early start" continues right now. >>> we're in shock. everybody is in shock. >> there's no words to put on what happened. we have to start over. >> three days since sandy and storm victims are struggling to recover. >> it is five days until election day. both candidates back on the road in the final battleground states. good morning to you. thanks for being with us this morning. i'm zoraida sambolin. >> i'm john berman. it is 6:00 a.m. in the east. we begin with the latest in the aftermath of that superstorm, the storm that was hurricane sandy. new york city is very slowly attempting to inch back to normal today. some subways and buses will be up and running agai
sandy in seconds. incredible. time-lapsed video from across the east river shows hurricane sandy slamming into manhattan. this takes two days and compresses it down into two minutes and shows the second the lights go out in lower manhattan and shows everything. really amazing. logon to our web side. go on to cnn.com/trends for all those top cnn trend. >> "early start" continues right now. >>> we're in shock. everybody is in shock. >> there's no words to put on...